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How Markets Fail
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How Markets Fail : The Logic of Economic Calamities

Book Details

Format Paperback / Softback
ISBN-10 0141036516
ISBN-13 9780141036519
Publisher Penguin Books Ltd
Imprint Penguin Books Ltd
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 26th, 2010
Print length 416 Pages
Weight 304 grams
Dimensions 19.70 x 12.90 x 2.40 cms
Ksh 2,350.00
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How did we get to where we are? This title shows that the roots of our financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational.
How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of ''utopian'' economics, and the beginning of a pragmatic, reality-based way of thinking.

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